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Do I need an S Corp?

What even IS an S Corp??

Last updated on January 9, 2023

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The latest in tax news | Atlanta Tax

If you're starting a new business, you have several options regarding your company's legal and tax structure. An LLC and an S Corporation are not an either-or proposition, and it's possible that both or neither are optimal solutions for you. Consulting your corporate attorney and tax advisor is a mu

https://www.atlanta.tax/blog/3-questions

The latest in tax news | Atlanta Tax

The latest in tax news | Atlanta Tax

In my continued efforts to educate the American taxpayer on our needlessly complicated tax system and debunk tax myths, this article provides multiple, common examples of when it would be less desirable to do business as an S Corporation than another option such as a sole proprietorship/single membe

https://www.atlanta.tax/blog/when-s-corporations-cost-you

The latest in tax news | Atlanta Tax

The latest in tax news | Atlanta Tax

Wondering if you should run your consulting business as an S Corporation or as an LLC? That's the wrong question. Let me explain. First, let's address what an "LLC" is and what an "S Corporation" is.LLC stands for Limited Liability Company.

https://www.atlanta.tax/blog/llc-vs-s-corp

The latest in tax news | Atlanta Tax

The latest in tax news | Atlanta Tax

Retiring soon? Considering consulting? An S Corp could cost you. Let me explain. 👇 You retired earlier this year. While pondering next steps, you started consulting for your former employer. Congrats! You have a business. You're the only owner of your new business and have no employees.

https://www.atlanta.tax/blog/s-corporations-in-retirement

The latest in tax news | Atlanta Tax

The latest in tax news | Atlanta Tax

Starting a consulting gig? Ready to WASTE thousands of dollars by starting an S Corporation? Wait, what? Aren't S Corporations supposed to SAVE you money? S Corporations have attained an unwarranted holy grail status in taxation among laypeople, even among some tax advisors.

https://www.atlanta.tax/blog/s-corporations-solopreneur

The latest in tax news | Atlanta Tax

If you are an Atlanta Tax client and have questions about business entity taxation, email us.

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